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Vijaya Diagnostic Centre Ltd.VIJAYA18:33DeterioratingCritical

Notice of meeting of the unsecured creditors of the Company as directed by NCLT to be held on April 25, 2025…

Update 1 of 2 in a matter ongoing since 25 Mar 2025Procedural

Distressinsolvency

As filed

Vijaya Diagnostic Centre Limited has informed the Exchange about Notice of meeting of the unsecured creditors of the Company as directed by NCLT to be held on April 25, 2025 at 01:00 P.M. (IST) thorou

Why it matters

CapitSignal interpretation

Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.

What happened

Fact

Vijaya Diagnostic Centre Limited has informed the Exchange about Notice of meeting of the unsecured creditors of the Company as directed by NCLT to be held on April 25, 2025 at 01:00 P.M. Limited to be convened as per the directions provided in the Order of the. Company Law Tribunal Bench at Hyderabad (“NCLT”), has directed, inter alia, that a meeting.

Full analysis Company memory

RBLRBL18:21DeterioratingCritical

We hereby inform that the Hon ble NCLT, Chennai Bench has vide its order dated March 24, 2025 sanctioned the…

Distressinsolvency

As filed

We hereby inform that the Hon ble NCLT, Chennai Bench has vide its order dated March 24, 2025 sanctioned the Scheme of Amalgamation of Rane Engine Valve Limited, Rane Brake Lining Limited with and int

Why it matters

CapitSignal interpretation

Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.

What happened

Fact

We hereby inform that the Hon ble NCLT, Chennai Bench has vide its order dated March 24, 2025 sanctioned the Scheme of Amalgamation of Rane Engine Valve Limited, Rane Brake Lining Limited with and into Rane (Madras) Limited. We hereby inform that the Hon'ble National Company Law Tribunal (`NCLT'), Chennai Bench have. The detailed order uploaded earlier today is available on the website of the NCLT www.nclt.gov.in.

Full analysis Company memory

RANEENGINERANEENGINE18:15DeterioratingCritical

We hereby inform that the Hon ble National Company Law Tribunal ( NCLT ), Chennai Bench has vide its order…

Distressinsolvency

As filed

We hereby inform that the Hon ble National Company Law Tribunal ( NCLT ), Chennai Bench has vide its order dated March 24, 2025 sanctioned the Scheme of Amalgamation of Rane Engine Valve Limited, Rane

Why it matters

CapitSignal interpretation

Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.

What happened

Fact

We hereby inform that the Hon ble National Company Law Tribunal ( NCLT ), Chennai Bench has vide its order dated March 24, 2025 sanctioned the Scheme of Amalgamation of Rane Engine Valve Limited, Rane Brake Lining Limited with and into Rane (Madras) Limited. The detailed order uploaded earlier today is available on the website of the NCLT www.nclt.gov.in. A certified copy of the NCLT Order is still awaited by the Company.

Full analysis Company memory

Tuesday, 25 March 2025

Latest

Tuesday, 25 March 2025

Notice of meeting of the unsecured creditors of the Company as directed by NCLT to be held on April 25, 2025…

Why it matters

What happened

We hereby inform that the Hon ble NCLT, Chennai Bench has vide its order dated March 24, 2025 sanctioned the…

Why it matters

What happened

We hereby inform that the Hon ble National Company Law Tribunal ( NCLT ), Chennai Bench has vide its order…

Why it matters

What happened

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